Analytical Laboratory Instrument Manufacturing in Minnesota
Revenue benchmarks for analytical laboratory instrument manufacturing businesses operating in Minnesota.
#8 of 50 states+37.6% vs national avg
Average Revenue
$53.6M
per year
Businesses
15
in Minnesota
Revenue / Employee
$426K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MN
Total Revenue
$803.5M
all firms in MN
Total Employees
1,886
in MN
How Minnesota Compares
National Average$38.9M
Minnesota$53.6M
Difference+$14.6M (+37.6%)